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Because there are too many people that are in the situation that state actors steal from them more than these scams do. Anyone doing international money transf
by candiodari 4y ago
Because there are too many people that are in the situation that state actors steal from them more than these scams do.
Anyone doing international money transfers. Hell, that included intra-EU money transfers not 5 years ago.
Anyone in a bunch of countries. Lebanon being the most recent addition. Venezuela, Columbia, Turkey, Russia, Greece (sort-of-not-quite-anymore) ...
Anyone in legal but unfairly treated business/professions. Situations vary from country to country. From sex work, even website admins, to "the unbanked", who can expect the authorities to impound their money at the drop of a hat.
Anyone who wants to do large cash transactions safely without using a bank. And that DOES NOT mean drugs. Reality: you do this because you're afraid bank transactions can be reversed, which is possible in a bunch of places. Large, in the EU, has now become smaller than the cost of a used car.
Recently, if your transaction involves anyone on social security, your or their bank transactions may be monitored very closely by non-judicial institutions. If this is unwanted (and I guarantee it'll be unwanted) that will means you either use cash or crypto, depending on the amount. Although a lot of people in this segment haven't really discovered crypto yet.